NOT LISTED FOR SALE

2826 Old Parrottsville Hwy Parrottsville, TN 37843

Estimated Value: $401,205 - $428,000

84.89 Acres
$4,884 Price per Acre
3,697,808 Sq Ft Lot

Last Sold June 28, 2024

Last sale price $397,650

Est. 4% increase in value since last sale

Current estimated payment $2,291/month

25 Days on Market

Highlights

  • View of Trees or Woods
  • Private Lot
  • Wooded Lot
  • 84.89 Acre Lot
  • Creek On Lot
  • Lot Has A Rolling Slope

About This Lot

As of June 2024

ONLINE ONLY REAL ESTATE AUCTION | BIDDING BEGINS TO CLOSE: Wednesday, May 15th at 12:00PM-Noon (ET) | Gorgeous property in Parrottsville with endless possibilities! 84.89 +/- acres offered as a whole. Beautiful mountain views. Partially cleared property with large cleared field area. Large amount of creek frontage with Clear Creek meandering through the property. Approx. 913'+/- of road frontage. Located just off of Highway 321. Less than 15 minutes to Newport, 25 minutes to Greenville, 30 minutes to Douglas Lake, 40 minutes to Morristown & Jefferson City, and 1 hour to Gatlinburg & Pigeon Forge. Multiple building spots on this lovely property. Great property to use as a farm, private estate, family compound, recreational property or possible development opportunity.

Kenny Phillips, Auctioneer | TN Lic #2385

Last Agent to Sell the Property

Kenny Phillips

Powell Auction & Realty,LLC License #239235 Listed on: 04/20/2024

Co-Listed By

Phillip Hopper

Powell Auction & Realty,LLC License #325858

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $431

Lot Details

  • 84.89 Acre Lot
  • Rural Setting
  • Private Lot
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot
  • Finished Lot(s)
  • Zoning described as None, Zoned Agricultural

Property Views

  • Woods
  • Mountain
  • Countryside Views
  • Forest

Outdoor Features

  • Creek On Lot

Listing and Financial Details

  • Assessor Parcel Number 034 018.00

Property Details

Property Type

Land

Est. Annual Taxes

$431

Lot Details

0

Listing Details

  • Directions: From Newport, take North Street to Hwy 321. Continue for approx. 8.4 miles to left on Old Parrottsville Highway, to an immediate right to continue on Old Parrottsville Highway. Go approx. 1 mile to the property on the left.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 84.89
  • Lot Size: 84.89+/- acres
  • Co List Office Mls Id: 370
  • Co List Office Phone: 865-938-3403
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • View:Wooded2: Yes
  • Utilities Available:Electricity4: Yes
  • Property Sub-Type:Rural: Yes
  • Property Sub-Type:Single Family2: Yes
  • Lot Description:Irregular Lot: Yes
  • Topography:Partially Cleared: Yes
  • Lot Description:Private: Yes
  • Lot Description:Creek: Yes
  • Property Sub-Type:Farm2: Yes
  • Road Frontage:Gravel: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Country Setting, Mountain View, Wooded
  • Lot Features: Creek, Private, Wooded, Irregular Lot, Rolling Slope
  • Topography: {"Partially Cleared":true,"Level":true}

Lot Info

  • Lot Size Sq Ft: 3697808.4
  • Parcel #: 034 018.00
  • Zoning Description: None, Zoned Agricultural
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2024
Closed on
Jul 6, 2024
Sold by
Koop Edward Charles and Jameson Josephine
Bought by
Hogan Kent Win
Seller's Agent
Kenny Phillips
Powell Auction & Realty,LLC
Buyer's Agent
Non Member Non Member
Non-Member Office
List Price
$397,650
Sold Price
$397,650
Views
18
Current Estimated Value
$414,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,953
Avg. Annual Appreciation
3.66%
Original Mortgage
$360,400
Outstanding Balance
$345,552
Interest Rate
6.36%
Mortgage Type
Construction
Estimated Equity
$69,051

Purchase Details

Closed on
Feb 29, 2024
Sold by
Legacy Holdings Trust
Bought by
Jameson Josephine

Purchase Details

Listed on
Nov 22, 2021
Closed on
Aug 2, 2022
Sold by
Catherine Hernandez Jeanmarie
Bought by
Legacy Holdings Trust
Seller's Agent
Rachel Harbin
JACKSON REAL ESTATE AND AUCTION
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$329,900
Sold Price
$275,000
Premium/Discount to List
-$54,900
-16.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.31%

Purchase Details

Closed on
Jun 26, 2014
Sold by
Hogan Willaim Edwin
Bought by
Koop Edward C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.17%
Mortgage Type
Cash

Purchase Details

Closed on
Apr 8, 2005
Sold by
Hogan William Edwin
Bought by
State Of Tennessee
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hogan Kent Win $397,650 None Listed On Document
Jameson Josephine -- None Listed On Document
Legacy Holdings Trust $275,000 Forderhase Greg
Koop Edward C $200,000 --
State Of Tennessee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hogan Kent Win $360,400
Previous Owner Koop Edward C $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $397,650 0.0% --
05/16/2024 05/16/24 Pending -- -- --
04/20/2024 04/20/24 For Sale $397,650 +44.6% --
08/03/2022 08/03/22 Sold $275,000 -16.6% --
07/04/2022 07/04/22 Pending -- -- --
11/22/2021 11/22/21 For Sale $329,900 -- --
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $431 $16,850 $16,850 $0
2023 $431 $16,850 $16,850 $0
2022 $432 $16,850 $16,850 $0
2021 $432 $16,850 $16,850 $0
2020 $432 $16,850 $16,850 $0
2019 $477 $16,850 $16,850 $0
2018 $477 $16,850 $16,850 $0
2017 $489 $16,850 $16,850 $0
2016 $436 $16,850 $16,850 $0
2015 $334 $16,850 $16,850 $0
2014 $334 $16,850 $16,850 $0
2013 $334 $13,900 $13,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Kenny Phillips

    Seller's Agent in 2024

    Kenny Phillips

    Powell Auction & Realty,LLC

    (865) 938-3403

    498 Total Sales

    Kenny Phillips
    Section Image

  • P

    Seller Co-Listing Agent in 2024

    Phillip Hopper

    Powell Auction & Realty,LLC

    (865) 567-8435

    390 Total Sales

    Phillip Hopper
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member Non Member

    Non-Member Office

  • R

    Seller's Agent in 2022

    Rachel Harbin

    JACKSON REAL ESTATE AND AUCTION

    (865) 809-9119

    54 Total Sales

    Rachel Harbin
    Section Image

  • I

    Buyer's Agent in 2022

    IAN CULLEN

    Tennessee Valley Appraisal Services

    (423) 746-0027

    3,025 Total Sales

    IAN CULLEN
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    Non Member - Sales

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1260020

East Tennessee REALTORS® MLS

APN: 034-018.00

Tennessee Cocke County Parrottsville 37843

2826 Old Parrottsville Hwy, Parrottsville, TN

This home is located at 2826 Old Parrottsville Hwy, Parrottsville, TN 37843 since 20 April 2024 and is currently estimated at $414,603. 2826 Old Parrottsville Hwy is a home located in Cocke County with nearby schools including Parrottsville Elementary School and Cocke County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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